FinlandFinland

Biohit sells liquid handling business

18.12.2011

Helsinki/Göttingen – Finnish laboratory supplier Biohit Oyj has sold its liquid handling business for €68m to German process and labtech provider Sartorius AG. Osmo Suovaniemi, founder and Chairman of the Board at Biohit, welcomed the acquisition: “We are very happy to have found a buyer in Sartorius, whose strategic objective is an excellent fit with our liquid handling business.” The Finnish company will now concentrate on its diagnostics unit. According to Biohit, the GastroPanel – a stomach health test diagnosing Helicobacter pylori infections and atrophic gastritis – should be a key driver for the future growth. The company is also setting its hopes on its Acetium capsules, a product that has been developed to bind and inactivate carcinogenic acet­aldehyde in an anacidic stomach. According to Biohit, exposure to acetaldehyde has been connected to around four million new cases of cancer every year worldwide.

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Helsinki/Hinxton – Finland has pledged EUR1.85m to help create world-class bio­informatics, biobanking and translational research infrastructures, the European Bioinformatics Institute (EBI) at the European Molecular Laboratory...

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Helsinki – The Academy of Finland is restructuring its funding instruments. The purpose of the reform, which will be finalised in fall 2010, is to give greater clarity and flexibility to Finnish researchers, and to improve the...

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